Mdevice (226590) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mdevice (226590) has a cash flow conversion efficiency ratio of -0.082x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (₩-4.39 Billion ≈ $-2.97 Million USD) by net assets (₩53.50 Billion ≈ $36.25 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see 226590 stock market capitalisation for the company's overall valuation and market capitalisation.
Mdevice - Cash Flow Conversion Efficiency Trend (2022–2025)
This chart illustrates how Mdevice's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Mdevice Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mdevice ranked by their cash flow conversion efficiency. Explore 226590 operating cash flow to net income to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Polytec Holding AG
VI:PYT
|
0.182x |
|
Synergy Green Industries Limited
NSE:SGIL
|
0.056x |
|
EKOS
IS:EKOS
|
0.009x |
|
Hana Pharm Co Ltd
KO:293480
|
0.021x |
|
Desa Deri Sanayi ve Ticaret AS
IS:DESA
|
0.145x |
|
CO2 Energy Transition Corp. Common Stock
NASDAQ:NOEM
|
-0.002x |
|
Axis Corporation
TWO:6292
|
0.190x |
|
Lee Ku Ind
KO:025820
|
0.156x |
Annual Cash Flow Conversion Efficiency for Mdevice (2022–2025)
The table below shows the annual cash flow conversion efficiency of Mdevice from 2022 to 2025. View 226590 live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | ₩47.93 Billion ≈ $32.48 Million |
₩-17.14 Billion ≈ $-11.62 Million |
-0.358x | -202.62% |
| 2024-12-31 | ₩26.29 Billion ≈ $17.81 Million |
₩-3.11 Billion ≈ $-2.11 Million |
-0.118x | +71.98% |
| 2023-12-31 | ₩4.63 Billion ≈ $3.14 Million |
₩-1.95 Billion ≈ $-1.32 Million |
-0.422x | -291.39% |
| 2022-12-31 | ₩11.99 Billion ≈ $8.12 Million |
₩2.64 Billion ≈ $1.79 Million |
0.220x | -- |
About Mdevice
MEGAELECTRONICS Co., Ltd. designs, manufactures, and sells storage devices in South Korea. It offers flash storage solid state drives and semiconductor storage devices for digital devices and data center servers. The company was founded in 2009 and is based in Gwacheon-si, South Korea.